Just when you’re sure that the European Central Bank (ECB) is intent on ruining the Irish property market and taking down the rest of the European economy with its hawkish, inflation-bashing interest-rate increases, some light appears.
Last week, the ECB gave little cause for celebration to Irish home borrowers, despite holding back on another rate hike.
The comments from the council gave every impression that it will raise rates by another quarter point...
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